Tag: land_value_rates
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High Development Taxes Blamed for Wellington's Housing Shortage
Wellington's housing construction lags due to high effective tax rates on development, despite new zoning. A shift to land value rates is proposed to boost supply and affordability, avoiding urban decline.
Politics and GovernmentBusinessGeneral PoliticsEconomyReal EstateSocial Issues WellingtonHousingTaxationProperty DevelopmentLand Value RatesUrban Planning